Catalog 2016-2017

NCTC Logo NCTC Home

ACNT 1303 INTRODUCTION TO ACCOUNTING I

A study of analyzing, classifying, and recording business transactions in a manual and computerized environment.  Emphasis on understanding the complete accounting cycle and preparing financial statements, bank reconciliations and payroll.  48 lecture hours.

At the conclusion of the course a student will be able to: Define accounting terminology; analyze and record business transactions in a manual and computerized environment; complete the accounting cycle; prepare financial statements; apply accounting concepts related to cash and payroll; prepare bank reconciliations; and correct accounting errors.

3 credit hours